Ethereum co-founder Vitalik Buterin has denied recent reports suggesting that he has been selling Ethereum (ETH) and other cryptocurrencies for personal gain. In a statement, Buterin clarified that the recent transfers from his wallets were primarily donations made to charitable organizations and projects. He emphasized that he hasn’t sold ETH for personal gain since 2018. The controversy stems from Buterin’s liquidation of a substantial amount of cryptocurrency holdings in 2017, which had a significant impact on the Ethereum market. However, Buterin stated that this was the last time he planned to sell his crypto holdings for personal gain. Recent transfers of USDC from Buterin’s wallet to the Gemini exchange have also been clarified, with the funds belonging to a biotechnology charity he founded. Buterin’s commitment to philanthropic efforts is reinforced by these transfers.

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Information	Details
Geography	Global
Countries
Sentiment	neutral
Relevance Score	1
People	Vitalik Buterin
Companies	PeckShield, Kanro, Gemini, TrustNodes, Coinbase
Currencies	US Dollar, Ethereum
Securities	None